In the UK April saw the clock ticking down towards the General Election. For the rest of the world, life went on pretty much as normal: that’s to say, China and Germany remorselessly cranked out another trade surplus, the American economy gave us more mixed signals, and Greece teetered on the edge of bankruptcy. These […]
An annuity is a regular monthly income source that savers, largely from private sector companies, receive at retirement in exchange for their lifetime pension savings. Now George Osborne has said that around five million pensioners, who have used their retirement savings to buy an annuity, will be allowed to sell it for a cash sum […]
The Financial Conduct Authority (FCA), on the 16th March 2015, outlined how it will implement new regulatory regimes to preserve the integrity of the UK finance industry and financial markets. The FCA stated that the new framework comprises two regulatory regimes, a ‘Senior Managers Regime’ and a ‘Certification Regime’, both of which are underpinned by […]
According to HMRC, 45% of savers in stocks and shares ISAs are aged 55 or over. These savers already understand the mantra of ‘gross is good’ and have chosen an investment on which there’s no additional tax due on investment growth and income. What many investors seem to be unaware of is that the exact […]